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Monitor Report of THAILAND trade and THAILAND-China binational trade in 202009

 1.  Overview the trade of THAILAND in goods current year until 202009

According to Dalian Infobank, in 202009THAILAND's exports and imports of goods amounted to 36891.0619 million, and were down 7.63% comparing with the same period of last year. Among these, exports were down 5.07% at 19423.4972 million, and imports were down 10.33% at 17467.5647 million. And the corresponding trade surplus was 1955.9326 million and up 99.28%.

During the current year until 202009, THAILAND's total exports and imports of goods were 323330.0434 million and were down 11.99% comparing to the same period of last year. Among these, exports were 170768.5039 million and down 8.34%; imports were 152561.5394 million and down 15.74%. The total trade surplus was 18206.9645 million and up 247.00%.

If considering by country (region), CHINA, UNITED STATES, JAPAN, MALAYSIA, SINGAPORE were THAILAND's top five trading partners. During the current year until 202009, THAILAND's imports and exports to five countries/territories were 58361.3064 million, 37268.3616 million, 35945.3764 million, 13711.7510 million, 12935.8362 million. These values correspond to 18.05%, 11.53%, 11.12%, 4.24%, 4.00% of THAILAND's imports and exports, and, respectively, were down 0.13%, up 0.35%, down 18.02%, down 22.74%, up 5.47% comparing to the same period of last year.

Current year until 202009, THAILAND and the top five trade partners UNITED STATES, CHINA, JAPAN, HONG KONG, VIETNAM are the top five countries/territories that THAILAND exports to in terms of the total export amount. During the current year until 202009, THAILAND's exports to these five countries/territories were 25063.2952 million, 21907.8861 million, 16388.2049 million, 8468.3874 million, 7967.2034 million. These values correspond to 14.68%, 12.83%, 9.60%, 4.96%, 4.67% of THAILAND's exports and, respectively, were up 6.17%, up 2.82%, down 11.32%, down 5.54%, down 12.47% comparing with the same period of last year.

Current year until 202009, THAILAND's exports to top five countries/territories CHINA, JAPAN, UNITED STATES, MALAYSIA, TAIWAN are the top five countries/territories that THAILAND imports from in terms of the total export amount. During the current year until 202009, THAILAND's imports from these five countries/territories were 36453.4204 million, 19557.1716 million, 12205.0664 million, 7612.1231 million, 5966.9700 million. These values correspond to 23.89%, 12.82%, 8.00%, 4.99%, 3.91% of THAILAND's total imports and, respectively, were down 1.82%, down 22.91%, down 9.80%, down 23.24%, down 3.87% comparing with the same period of last year.

During the current year until 202009, the trade surplus of THAILAND was mainly from UNITED STATES, HONG KONG, SWITZERLAND, AUSTRALIA, VIETNAM at 12858.2288 million, 7274.3372 million, 5875.2370 million, 4642.7850 million, 3963.6634 million, and up 27.61%, up 3.44%, up 214.11%, down 7.13%, down 19.08%. And the trade deficits were mainly from CHINA, TAIWAN, JAPAN, UNITED ARAB EMIRATES, SOUTH KOREA at 14545.5343 million, 3224.5583 million, 3168.9667 million, 2578.7965 million, 2372.5561 million, and down 8.06%, down 1.48%, down 54.00%, down 40.33%, down 22.60%.

Current year until 202009, THAILAND's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 85, 84, 27, 87, 71, were THAILAND's top five traded commodities. They correspond to the import and export values of 55517.9799 million, 46731.8097 million, 26698.7059 million, 24324.6827 million, 20967.4545 million, which were down 2.67%, down 11.05%, down 24.41%, down 19.35%, down 5.61% comparing with the same period of last year and account for 17.17%, 14.45%, 8.26%, 7.52%, 6.48% of THAILAND's total imports and exports.

During the current year until 202009, 84, 85, 87, 71, 40 were THAILAND's top five traded commodities, with total import and export values of 27733.0981 million, 24223.8330 million, 17237.2386 million, 15936.1848 million, 10882.4693 million. These values correspond to 16.24%, 14.19%, 10.09%, 9.33%, 6.37% of THAILAND's total exports and, respectively, were down 7.96%, down 3.76%, down 22.60%, up 22.05%, down 4.89% comparing to the same period of last year.

During the current year until 202009, 85, 27, 84, 87, 72 were THAILAND's top five traded commodities, with total import values of 31294.1469 million, 22018.9230 million, 18998.7116 million, 7087.4441 million, 6838.1638 million. These values correspond to 20.51%, 14.43%, 12.45%, 4.65%, 4.48% of THAILAND's total exports and, respectively, were down 1.81%, down 23.93%, down 15.21%, down 10.20%, down 26.38% comparing to the same period of last year.


2. Current year until 202009, THAILAND binational trade profile

According to Dalian Infobank, during the current year until 202009, THAILAND-China binational exports and imports of goods amounted to 58361.3064 million and were down 0.13% comparing with the same period of last year. Among these, exports from THAILAND to China were 21907.8861 million and up 2.82%, imports from China to THAILAND were 36453.4204 million and down 1.82%. The total binational trade deficit was 14545.5343 million and down 8.06%.

During the urrent year until 202009, commodities with hs2 code, 85, 84, 39, 40, 08, were binational trade's top five traded commodities. They correspond to import and export values of 13196.8795 million, 9581.8542 million, 4249.5921 million, 3291.4115 million, 2691.4733 million and makes up 22.61%, 16.42%, 7.28%, 5.64%, 4.61% of the total binational imports and exports. These values were also up 10.09%, up 3.96%, down 4.61%, up 3.16%, up 39.56% comparing to the same period last year.

During the current year until 202009, 40, 84, 08, 39, 85 were the top five traded commodities exported to China from THAILAND, with export values of 2974.1093 million, 2621.1921 million, 2390.8062 million, 2351.3772 million, 2178.0491 million. These values account for 13.58%, 11.96%, 10.91%, 10.73%, 9.94% of THAILAND's total exports and were up 3.63%, up 7.36%, up 39.08%, down 8.32%, up 3.08% comparing to the same period of last year.

During the current year until 202009, 85, 84, 39, 72, 73 were THAILAND's top five traded commodities importing from China , with import values of 11018.8303 million, 6960.6622 million, 1898.2148 million, 1817.7614 million, 1636.5130 million. These values account for 30.23%, 19.09%, 5.21%, 4.99%, 4.49% of THAILAND's total imports and were up 11.59%, up 2.73%, up 0.43%, down 7.31%, down 8.56% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Thai Customs Department